30.3.2022. On the basis of the State Aid Programme approved by the European Commission HROTE has issued a public call for tenders to encourage the production of electricity from the RES through a market premium system. Market premium is an incentive system in which HROTE pays a market premium, i.e. the difference between the contracted price and the market price of electricity. The total quota for new projects is 630 MW, which is about 60% of the current portfolio in the incentive system run by HROTE.
 
The public call is aimed to support the following RES technologies:
• Solar power plants larger than 500 kW
• Hydroelectric power plants of more than 500 kW and up to 10 MW
• Wind farms larger than 3 MW
• Biomass power plants larger than 500 kW and up to 5 MW
• Biogas power plants larger than 500 kW and up to 2 MW
• Geothermal power plants larger than 500 kW
 
The public call lays down the conditions that projects must meet in order to be able to submit an offer and lasts 60 days after which the public tender will be launched for 15 days when bids can be submitted.
The public tender will be open exclusively for new projects, regarding the technology, for 300 MW of wind and solar, 8 MW each for biomass and biogas, 4 MW for small hydroelectric power plants and 10 MW for geothermal power plants. RES projects using innovative technologies whose development is financed by EU funds for innovation project may also participate in accordance with the prescribed conditions. The public tender may be attended by project promoters who have previously obtained a location or building permit, energy permission permit and grid connection terms. Based on the conducted public tender, HROTE announces a decision on the selection of the most acceptable tenderers, which is based on the most favorable offered project price until the quota for individual technology is filled in. A market premium contract will be concluded with the project holders whose bids are rated as a winner for 12 years (after the project commission data). The production plant should be built in 4 years, when the project developer should pass the trial period of connection and obtain the status of a eligible producer. If all quotas from this public call are fulfilled and the plants are realized, the Republic of Croatia would hereby have about 1.5 TWh per year of new renewable energy.

Quarterly auction report for the sale of electricity from ECO balance group for Q4 2020

In accordance with the Terms for quarterly auction for the sale of electricity from ECO balance group for the period of 01.10.2020 to 31.12.2020. HROTE announces official Auction results:

Number of Auction participants: 5
Auction Product: Base profile 50 MWh/h
Number of successful Auction participants: 0
Average weighted Auction sale price: No bids have been placed

All interested market participants, in accordance with the Terms for yearly auction for the sale of electricity from ECO balance group in 2020 (Terms) for the period from 01.01.2020. to 31.12.2020. are invited to participate in the auction for the sale of electricity from ECO balance group in 2020 (no GoOs included).

The Auction will be held on Monday, November 25, 2019  through the Croatian Power Exchange d.o.o. (CROPEX) trading platform: https://ekobg.cropex.hr/   starting at 9am and will last until 12am.

HROTE will, through CROPEX trading platform, select buyers of electricity from ECO balance group totaling 60MWh/h (base power product) for 2020 at the Auction.

The details of the selection process and the details of the tender are explained in the above mentioned Terms. The application for participation in the Auction is part of Terms (Annex I) and is to be submitted by Monday, 18.11.2019. till 16h on e-mail auctions@hrote.hr. With application for participation in the Auction Authorisation for person authorised to participate in Auctions (Annex II) is also required.

Testing of CROPEX's platform will take place on Thursday, November 22, 2019. from 9 a.m. to 11 p.m.

Auctions for Q3/2019 of Guarantees of Origin successfully held

On 29th August 2019, the first Guarantees of Origin Auction for electricity from incentivized producers (Q1/2019) was successfully held by CROPEX, selling a total of 263,889 Guarantees of Origin at a price of 0.31 EUR/GO.

The second auction (second quarter of 2019) took place on 30 August 2019, selling a total of 194,049 Guarantees of Origin at a price of 0.91 EUR/GO.

For the first Guarantees of Origin Auction held on CROPEX trading platform, a total of 11 auction participants were registered, of which 9 participants actively participated in the auction, who submitted bids for the
purchase of GOs in the Auction system. The total number of active participants in the second auction was 7.

The funds from the sale of GOs will be transferred to the incentive system fund of HROTE.
HROTE is among the first three EU Member States to launch guarantees of origin in favor of an incentive system.

Auction Details:
Type: Wind
Date: August 29, 2019 (10:00 -12:00)
Auction name: Production from Q1/2019 (1.1.2019 – 31.3.2019)
Total amount of Guarantees of Origin offered: 263,889

Total number of active participants: 9
Total auctioned amount: 263,889
Minimum - maximum price from offers: 0.30 EUR/GO - 0.40 EUR/GO
Marginal Price: 0.31 EUR/GO

Auction Details:
Type: wind
Date: August 30, 2019, 10am - 12pm
Auction name: Production from Q2 / 2019 (1.4.2019 - 30.6.2019)
Total amount of guarantees of origin offered: 194.049

Total active bidders: 7
Total auctioned amount: 194,049
Minimum - maximum price from offers: 0.30 EUR/GO - 1.20 EUR/GO
Marginal Price: 0.91 EUR/G

Notice of dealing with transactions in Croatian GO REGISTRY